In the law of corporations, a merger is effected when one or more corporations becomes a part of, or merges, with another corporation so that one ceases to exist and the other continues to exist. In a merger, the company that continues to exist retains its name and identity and acquires the assets, liabilities, franchises, and powers of the corporation that ceases to exist. Attorneys who practice in mergers and acquisitions (sometimes called M & A) represent corporations and other business entities in strategizing, negotiating, and carrying out transactions in which two or more companies or corporations combine into a single new entity, a merger, or where one business purchases and absorbs the assets of another, an acquisition.
Jeffrey City is a census-designated place (CDP) and former uranium mining boomtown located in Fremont County, in the central part of the U.S. state of Wyoming. The town is famous in Wyoming and the American West as symbol of a boomtown that went “bust” very quickly, as the mine was shut down in 1982 and over 95% of the inhabitants left the town within 3 years . The population was 106 at the 2000 census, far lower than its onetime population of several thousand people.